Zhitong Finance and Economics learned that Huangxi Group (08300) rose more than 8%, continuing to hit a new high in the year, soaring 1525% since August, and as of press time, up 833% to 0HK$39, with a turnover of HK$1.13 million.
On the news side, Huangxi Group and the offeror, Tiandun Investment***, jointly announced that the offer had closed at 4 p.m. on November 20, 2023 (Monday), and the offeror had not revised or extended the offer. The Offeror has received 1,120,000 Offer Shares and 60,000,000 Share Options. Based on the Offer Shares involved at 0HK$032 at an offer price of 0HK$0001 and the total consideration for these offers is 4HK$1.84 million.
Immediately following the close of the Offers, the Offeror and the parties acting in concert with it together together amounted to approximately 2129.5 billion shares (representing approximately 80.5 billion shares of the entire issued share capital of the Company as at the date of this joint announcement.)56%).
In addition, Huangxi Group recently released its interim results for the six months ended September 30, 2023, and the group achieved a revenue of 1746 during the periodHK$70,000, an increase of 2359%;The loss attributable to shareholders was 108930,000 Hong Kong dollars, an increase of 35 year-on-year94%;The basic loss per share was 0HK41 cents.
According to the announcement, the increase in revenue was mainly attributable to the income from the trading business of luxury watches and clocks during the period, while the operating income of restaurants remained stable.